COViSAL is formed by families from Latin America, U.S.A., Canada, and other countries who were affected by the collapsed of Stanford Financial Group when it was seized by United States authorities in February of 2009 Our objective is to fight for the recovery of our savings, and demand an immediate restitution from the US Government. Our rights must prevail over judicial manipulations, and good conscience must be the instrument to impart justice and to stop a never-ending fraud.

Six years
after Stanford Financial Group’s debacle – families receive pennies; US
Receiver and
Joint Liquidators millions of dollars Today marks the six-year anniversary of the Stanford’s debacle that
destroyed the lives of thousands of innocent families around the world when on
February 17, 2009, the U.S. Securities and Exchange Commission (“SEC”),
abruptly seized Stanford Financial Group worldwide. These families have
watched with sadness while the possibility of receiving an economic relief that
could mitigate their losses has all but vanished. The reality is that injustice
continues for them as the U.S. Receiver and the Joint Liquidator generate fees
and expenses for themselves, their attorneys, and other professionals - the
sole beneficiaries so far, charging millions of dollars. Latin
American families are the largest defrauded group; 15,270 families representing
70% of the total depositors in…